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Air Niugini's subsidiary - LINK PNG

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Air Niugini's subsidiary - LINK PNG

Old 8th Jun 2017, 03:32
  #661 (permalink)  
 
Join Date: Nov 1999
Location: Aus
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Still waiting for the court order to be made available and in the meantime pilots work permits are now starting to expire and the Dept of Labour will not issue new ones without a current work contract.

Pilots are reluctant to sign because until the court orders are available PX wants them to sign the 2015 contract.

Do you don't you.

Just another little hurdle.
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Old 9th Jun 2017, 11:16
  #662 (permalink)  
 
Join Date: Oct 2006
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It seems the wheels of justice grind on ever so slowly in PNG.
There has been no acknowledgement by the company of the recent court decision. Not withstanding the decision I am personally very pessimistic that there will be any positive outcome for the pilots anytime in the foreseeable future.
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Old 9th Jun 2017, 13:05
  #663 (permalink)  
Man Bilong Balus long PNG
 
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So then; How long before the whole Airline goes bagarup?
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Old 9th Jun 2017, 13:30
  #664 (permalink)  
 
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People have been asking that question for decades
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Old 12th Jun 2017, 05:14
  #665 (permalink)  
 
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Today's update from paradise:

The Court orders promised for delivery on Friday were a no show and there are 5 u/s Fokkers today with extra flight cancellations due lack of pilots/engineers etc.

Nothing seems to change.
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Old 12th Jun 2017, 10:22
  #666 (permalink)  
 
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Oh Logona you've done again son.
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Old 13th Jun 2017, 00:11
  #667 (permalink)  
 
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Seems the info I provided above was incorrect.

It was not 5 u/s Fokkers but in fact it was 8. Not bad out of a fleet of 11.
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Old 13th Jun 2017, 00:21
  #668 (permalink)  
 
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If the remaining 3 depart on time, we have a 100% departure rate.
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Old 13th Jun 2017, 01:24
  #669 (permalink)  
 
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Originally Posted by olderairhead View Post
Seems the info I provided above was incorrect.

It was not 5 u/s Fokkers but in fact it was 8. Not bad out of a fleet of 11.
Sounds about right. Just had a look and there are currently two F100s and two Q300s in the air.
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Old 13th Jun 2017, 03:53
  #670 (permalink)  
 
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Foo still in charge ?
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Old 13th Jun 2017, 04:36
  #671 (permalink)  
 
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The 3 stooges (S, S & R) are still running the side show. Can't you tell?
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Old 13th Jun 2017, 05:04
  #672 (permalink)  
 
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What about old King Julien, Mr Durrani, his stench still wafting thru the halls of power?
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Old 13th Jun 2017, 07:00
  #673 (permalink)  
 
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This will come as no surprise.

PX served an application to appeal. It was dated 8 June for a hearing on 21 June.

The application lists 37 points where "The National Court erred in ordering..." with each point detailing their argument.

Here we go again.

Enjoy the ride.
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Old 13th Jun 2017, 22:40
  #674 (permalink)  
 
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PNG AIR owe a huge debt of gratitude to Foo for driving Air Niugini into the ground.

With all the cancellations etc they must be driving the travelling public to Pngair which is keeping them solvent .Without the debacle at pixi I seriously doubt they would be still in the air today.

Looking at the latest statements ( 1st half 2016) they lost 42 million kina !

It will be interesting to see their latest results
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Old 14th Jun 2017, 01:28
  #675 (permalink)  
 
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You could probably argue that if PX wasn't government owned and tax payer funded, it would have gone bankrupt sometime ago. The market conditions are the way they are because there is and always has been a monopolisitic market with one very large player who's survival is basically guaranteed by the taxpayer. You'll probably find that first half 2016 loss was largely attributed to the introduction of the new aircraft type.
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Old 14th Jun 2017, 03:13
  #676 (permalink)  
 
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"You'll probably find that first half 2016 loss was largely attributed to the introduction of the new aircraft type."

about half of that amount due to atr introduction costs.

k2.3 mil atr direct costs
k13.3 mil impairment of dash 8 lease costs
k5.0 mil early dash 8 lease termination costs.

whichever way you look at it both airlines are money pits...financial disasters for shareholders.
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Old 15th Jun 2017, 03:00
  #677 (permalink)  
 
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Originally Posted by faheel View Post
"You'll probably find that first half 2016 loss was largely attributed to the introduction of the new aircraft type."

about half of that amount due to atr introduction costs.

k2.3 mil atr direct costs
k13.3 mil impairment of dash 8 lease costs
k5.0 mil early dash 8 lease termination costs.

whichever way you look at it both airlines are money pits...financial disasters for shareholders.


Yes you have to wonder who is signing the checks for the new ATRs. But seeing as they, PNG Air, have more on order they must be prepared to keep signing them, the cheques that is.
Both ANG and PNG Air are pretty much industry/government owned organisations now anyway- In an impoverished Pacific nation (for whatever reason!!) it is really the only way airlines can run safely nowadays.
I guess that in reality there is only room for one major company and a regional. Plus a few smaller charter companies helping out.
Simple; now to just sort the egos and self interests out!!!!!

Last edited by socksfirst thenshoes; 15th Jun 2017 at 06:56.
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Old 15th Jun 2017, 04:54
  #678 (permalink)  
 
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What makes you think they are being run safely ?
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Old 15th Jun 2017, 06:55
  #679 (permalink)  
 
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Originally Posted by Mangi Fokker View Post
What makes you think they are being run safely ?


Fair point
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Old 15th Jun 2017, 12:03
  #680 (permalink)  
 
Join Date: Nov 1999
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The crew shortage is starting to hurt.

Apart from advertising for Fokker F/O's in the National today an email was sent to all crew asking then to accept a short block for the next roster and to also consider reducing their leave as there is not enough crew to cover the roster.

That should create a bit more friction in the ranks as it has been reported one or two pilots will eagerly assist for monetary gain rather than support the majority in their fight against the company.
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